Crypto Markets & On-Chain Ecosystem Developments

Stellar is preparing to launch confidential tokens on its mainnet to add a privacy layer for SEP-41 tokens, according to a post by @BuildOnStellar. The feature aims to enhance transaction security and potentially attract more users and developers to the network. The development comes amid a

According to @BuildOnStellar, Stellar is preparing to launch confidential tokens on mainnet to enhance privacy for SEP-41 token transactions. The rollout aims to add a privacy layer for network users, potentially attracting more developers and users to the Stellar ecosystem while improving transacti

According to BlockBeats reporting on Oct 24, Bitcoin fell to $80,669.49 with a 24-hour decline of 1.31%, while Ethereum dropped to $2,367.01, down 1.52% in the same period. Funding rate data from CoinGlass shows BTC's open interest-weighted and volume-weighted rates at 0.0081% and 0.0074%

According to Fidelity Digital Assets analyst Zack Wainwright, as of October 12, Bitcoin has gained nearly 50% from its June bear market low of $58,000. Wainwright noted that while Bitcoin took nearly 16 years to first break $100,000, the ascent from $100,000 to $200,000 could potentially occur

XEM dropped 15.33% in 30 minutes, reaching a current price of $0.000263. The cryptocurrency faced selling pressure and thin liquidity during this period, with trading volume reaching $103,625. This decline reflects broader market volatility affecting cryptocurrency assets. XEM Records 22.53%

According to Bitcoin Magazine, Franklin Templeton registered two Bitcoin dividend reinvestment ETFs on Nasdaq on October 22. The Franklin US Equity Bitcoin DRIP Index ETF (FBEQ) and Franklin US Innovation Bitcoin DRIP Index ETF will launch

According to Bitcoin Magazine, Block launched "Bitcoin Does," its first mass-consumer Bitcoin advertising campaign on October 23, aimed at 60 million Americans curious about but not yet adopting Bitcoin. The campaign emphasizes real-world utility over technical explanations such as mining and

According to New York Attorney General Letitia James, announced on October 23, the state is seeking a $1.37 billion judgment against the operators of NovaTech and AWS Mining, two successive cryptocurrency investment schemes that allegedly defrauded over 300,000 investors worldwide of more

According to its written submission to the National Assembly, the Bank of Korea plans to draft an amendment to the Foreign Exchange Transactions Act by year-end, with the aim of regulating stablecoins as a means of payment. The central bank's October 22 report cited cross-border transaction

According to Bitcoin Magazine, Blockstream launched institutional consulting services and opened an office in Lugano, Switzerland, on October 23. The new consulting business will support banks, asset managers and other financial institutions with technical strategy, system architecture and

According to ChainCatcher, crypto wallet Phantom launched access to Kalshi prediction markets for U.S. users on October 23, allowing them to trade event contracts directly within the Phantom app. Trading uses CASH stablecoins from Phantom Cash accounts, with funds converted to fiat for settlement on

According to BlockBeats, on October 24, Liquid Capital founder Li Lihua stated that while maintaining a bullish outlook on the current market trend, the crypto industry is indeed at a low point due to AI drawing away significant talent and capital. Li noted that over the past two months he has

HSBC launched RedCoin, a Hong Kong dollar stablecoin, on its PayMe app on Friday, enabling more than 3.3 million users to activate digital wallets in the coming days. The bank received its stablecoin issuer license from the Hong Kong Monetary Authority in April under a regulatory framework that

According to Odaily, the Blockchain Association sent letters to Senate Majority Leader John Thune, Minority Leader Chuck Schumer, House Speaker Mike Johnson, and House Minority Leader Hakeem Jeffries, urging them to establish bipartisan digital asset tax legislation. The association launched

Dogecoin Labs launched a new payment solution, according to crypto commentator @WuBlockchain. The initiative aims to broaden the use cases for Dogecoin in everyday transactions, making it more accessible to users. The move comes amid increasing interest in crypto payments, suggesting that Dogecoin i

SquiggleDAO acquired a Squiggle NFT through a decentralized community voting process involving 81 members. The community raised 2.51 ETH by minting a Meme Card to fund the purchase, with the seller choosing anonymity to ensure provenance. This acquisition reflects a growing trend toward decentralize

According to crypto commentator @WuBlockchain, Dogecoin Labs has launched a new payment solution to enhance Dogecoin's utility in everyday transactions. The initiative aims to broaden use cases for the cryptocurrency and increase accessibility for users engaging in routine

According to Defillama data cited by BlockBeats, on October 24, Pump.fun's protocol revenue over the past 24 hours reached $1.98 million, surpassing Hyperliquid's $1.96 million. The two protocols ranked third and fourth respectively, behind Tether ($17.28 million) and Circle ($6.88 million).